Sphere Entertainment Co. (Backpack Securities)
- Price
- $108.80
- 24h
- +3.7%
- 7d
- −2.4%
- Market cap
- $53.9K
- 24h volume
- $6.8K
solana
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Sphere Entertainment Co. (Backpack Securities) (SPHR) is a tokenized assets on Solana. 496 are in circulation, with no maximum. It ranks 7502nd by market capitalisation among the coins tracked here. The project publishes its website, explorer and X, all responding as of 18 September.
Sphere Entertainment Co. (Backpack Securities) is a digital representation of private equity, specifically designed to bridge the gap between traditional financial markets and the on-chain ecosystem. Unlike synthetic derivatives or perpetual contracts that merely track price movements through oracles, SPHR represents a tangible claim on the underlying asset. The project is part of the emerging sector of Real World Assets (RWA), which focuses on digitizing physical or financial instruments to improve liquidity and accessibility.
- Circulating
- 496
- Total supply
- 496
- Max supply
- No cap
Supply as of 3h ago